PNB HOUSING FIN LTD.
Long
Mis à jour

pnb housing finance looks bullish in short term.

price bounced from trend line support and horizontal support with good volume.

sl - 1430, tgt - 1675
Transaction en cours
closing price 1552.65
Transaction en cours
moving up as expected, but taking more time than expected , till now 1644.90
Note
price recently came down to the support level, now it is bouncing back, it is now moving in a horizontal channel. snapshot
Transaction en cours
till now 1517.70, snapshot
Trade fermée manuellement
but elliott wave count shows that wave 2 correction (flat correction) is going on here. in.tradingview.com/x/5GfJiCW8/.

price can go down to or below 38.2% retracement level. snapshot
Note
now here is the fractal count of flat correction, it seems last leg of impulse of wave [c] is pending here. snapshot
Note
follow up chart, price is following the ew count. snapshot
Note
at cmp - 1301, previous support now acting as a resistance , selling pressure seen here. snapshot

Clause de non-responsabilité